Funding arb · Price arb /

WLD

all WLD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: Bybit against OKX0.000%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$310.308% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.009%−$1 on $10k

Price spread, last 7 days0.000%$0 · spread now 0.000%, 7d avg +0.007%

Together, before fees−0.009%−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX WLD-USDT-SWAP	0.4574	0.0100	pay 0.0100% / 8h	1h 18m	$34.2M	$141.2M	50x
Short	Bybit WLDUSDT	0.4574	0.0100	get 0.0100% / 8h	1h 18m	$65.5M	$82.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.007%: −$0.67
Slippage, 4 orders: −$9.8
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$31.46
Costs to cover: 0.308%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Bybit: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 5 min ago	1.09 bp	6.4 bp −$6	13.5 bp −$135	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	1.09 bp	9.0 bp −$9	16.7 bp −$167	84.9 bp −$8,488	doesn't fit

WLD on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXWLDPERP	−0.0315%	8h	0.4579	+0.109%	$61K	$3.8M	1.7x	as long as short
Injective WLD/USDC PERP	−0.0079%	1h	0.4623	+1.071%	$6K	$185K	5.5x	as long as short
dYdX WLD-USD	0.0000%	1h	0.4576	+0.052%	$163K	$13K	10x	as long as short
Deribit WLD_USDC-PERPETUAL	0.0000%	1h	0.4577	+0.066%	$108K	$900K	25x	as long as short
Orderly PERP_WLD_USDC	+0.0003%	8h	0.4576	+0.044%	$28K	$913K	10x	as long as short
gTrade (Gains Network) WLD/USD	L +0.0003% / S −0.0003%	1h	0.4575	+0.015%	$57K	—	150x	as long as short
KuCoin WLDUSDTM	+0.0006%	8h	0.4572	−0.044%	$7.0M	$10.8M	50x	as long as short
Nado WLD-PERP	+0.0052%	1h	0.4573	−0.011%	$275K	$169K	5x	as long as short
Variational Omni WLD	+0.0084%	8h	0.4578	+0.086%	$2.1M	$1.6M	—	as long as short
Aster WLDUSDT	+0.0100%	8h	0.4577	+0.061%	$200K	$998K	50x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLD	+0.0100%	1h	0.4575	+0.030%	$53K	$481K	5x	as long as short
Binance WLDUSDT	+0.0100%	8h	0.4574	0.000%	$86.5M	$297.3M	75x	as long as short
Bybit WLDUSDTshort	+0.0100%	8h	0.4574	0.000%	$65.5M	$82.0M	50x
OKX WLD-USDT-SWAPlong	+0.0100%	8h	0.4574	long leg	$34.2M	$141.2M	50x
Gate WLD_USDT	+0.0100%	8h	0.4573	−0.022%	$7.4M	$35.3M	75x	as long as short
MEXC WLD_USDT	+0.0100%	8h	0.4574	0.000%	$49.0M	$52.0M	300x	as long as short
Bitget WLDUSDT	+0.0100%	8h	0.4572	−0.044%	$30.1M	$25.5M	75x	as long as short
BingX WLD-USDT	+0.0100%	8h	0.4575	+0.022%	—	$67.8M	—	as long as short
Backpack WLD_USDC_PERP	+0.0100%	1h	0.4577	+0.055%	$129K	$270K	10x	as long as short
edgeX WLDUSDC	+0.0100%	4h	0.4580	+0.140%	$27K	$316K	20x	as long as short
GRVT WLD_USDT_Perp	+0.0100%	8h	0.4580	+0.129%	$615K	$1.9M	10x	as long as short
ApeX Omni WLDUSDT	+0.0100%	1h	0.4580	+0.131%	$55K	$227K	50x	as long as short
Polymarket Perps WLD-USD	+0.0100%	1h	0.4576	+0.048%	$47K	$1.6M	10x	as long as short
SunX WLD-USDT	+0.0100%	8h	0.4583	+0.197%	$23K	$1.5M	50x	as long as short
SoDEX WLD-USD	+0.0100%	1h	0.4575	+0.022%	$199	$5K	10x	as long as short
HTX WLD-USDT	+0.0100%	8h	0.4578	+0.087%	$864K	$1.8M	50x	as long as short
Phemex WLDUSDT	+0.0100%	8h	0.4574	0.000%	$1.8M	$3.7M	50x	as long as short
Extended WLD-USD	+0.0104%	1h	0.4572	−0.041%	$240K	$855K	10x	as long as short
Aevo WLD-PERP	+0.0104%	1h	0.4577	+0.055%	$31K	$5K	3x	as long as short
Phoenix WLD	+0.0124%	1h	0.4583	+0.199%	$5K	$53K	10x	as long as short
Reya WLDRUSDPERP	+0.0134%	1h	0.4573	−0.024%	—	—	20x	as long as short
Kraken Futures PF_WLDUSD	+0.0186%	1h	0.4581	+0.143%	$907K	$2.6M	50x	as long as short
BloFin WLD-USDT	+0.0220%	8h	0.4574	0.000%	$4.9M	$813K	75x	as long as short
01 Exchange WLDUSD	+0.0248%	1h	0.4575	+0.022%	$327	$77	5x	as long as short
GMX WLD/USD [ETH-USDC]	L +0.0260% / S −0.2221%	1h	0.4578	+0.086%	$9K	—	100x	as long as short
Coinbase International WLD-PERP-INTX	+0.0424%	1h	0.4586	+0.262%	$270K	$1.6M	50x	as long as short
Hyperliquid WLD	+0.0747%	1h	0.4580	+0.120%	$49.8M	$43.1M	10x	as long as short
Lighter WLD	+0.0968%	1h	0.4586	+0.251%	$5.2M	$2.1M	10x	as long as short